Top 5 Most Affordable Portland, Oregon Suburbs: 2023 Report
April 7, 2023
For those looking to buy a home in 2023, the prospect may seem daunting when facing high mortgage interest rates and rising prices. But in fact, the housing market of 2023 is much cooler overall than last year and prices have currently stabilized. They are projected to rise only slightly in the spring compared to recent years and begin to drop again in the fall. So the conditions for buying a home this year may be more favorable than you think. We have observed the trend of home buyers preferring the suburbs over the city of Portland over the last few years, and their popularity has naturally led to rising prices as buyers compete for available homes. As a result,...